Indian stock markets saw a significant downturn since September 2024. Many top companies experienced sharp declines. Over 700 NSE-listed stocks fell, with a large portion dropping over 20%. Smallcap and Microcap indices also registered substantial losses. This indicates a growing risk aversion in the market’s lower segments.
Brent below $80 to sustain OMC earnings recovery
Oil marketing companies’ margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly improved earnings for state-owned